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Dec 6, 2012
12/12
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there is a price to pay, the price is paid by the american people and your businesses and economic environment worldwide. through that. john engler -- he and i philosophically don't agree on much -- \[laughter] >> i'm just being honest about john, he is a great politician and comes from the other party, but john is exactly right when he says that the only thing that debt ceiling for is to destroy your credit rating. so i want to send a very clear message to people here. we are not going to play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation, which by the way, we have never done in our history until we did it last year, i will not play that game. we have to break that habit before it starts. so, with that, let me just say, we have one path where we resolve it fairly quickly. cuts. we reform our entitlements. increases. you get business certainty and you do what you do best, innovate, hire workers, make profits, do well by your shareholders and grow a
there is a price to pay, the price is paid by the american people and your businesses and economic environment worldwide. through that. john engler -- he and i philosophically don't agree on much -- \[laughter] >> i'm just being honest about john, he is a great politician and comes from the other party, but john is exactly right when he says that the only thing that debt ceiling for is to destroy your credit rating. so i want to send a very clear message to people here. we are not going...
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Dec 4, 2012
12/12
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-- about the environment in those areas? >> we are continuing to track the prevalence and identify children and a younger age. we have components to identify children at age 4. we are reviewing a study to try to understand what is impacting the prevalence rate from a community perspective, understanding how to our identified and diagnosed in the community as well as changes in risk factors and modeling how those changes over time might have influenced the the rate. rex my colleague talked about by it and other family instances. is there a part of this month during -- monitoring where families are interviewed? >> we have a second research program as well as activities that are ongoing at the nih. we have a research component in six states to do just that, to enter the dam is coming get more detailed information from medical records, to compare children -- dam it and children who have autism versus those who do not -- families of children who have autism versus those who do not. we have just completed the first phase. we have
-- about the environment in those areas? >> we are continuing to track the prevalence and identify children and a younger age. we have components to identify children at age 4. we are reviewing a study to try to understand what is impacting the prevalence rate from a community perspective, understanding how to our identified and diagnosed in the community as well as changes in risk factors and modeling how those changes over time might have influenced the the rate. rex my colleague talked...
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Dec 7, 2012
12/12
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i will say, however, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite small for the old loans. it's really going to be quite valuable for these newer very low interest rate loans. >> i'll be briefly two more questions. i see that f.h.a. is now making loans to people who three years ago were foreclosed upon. and that's a very different standard than even exists at fannie and freddie. i don't understand. why are you doing that? >> this is another area where we are working on changes. here's the issue. we have a significant number of homeowners that were responsible homeowners, had good credit scores that lost their jobs in the biggest economic crisis this country has fa
i will say, however, that the value of doing it now in a low interest rate environment is substantially larger on these new loans for two reasons. the lower the interest rate, the faster the amortization of the principal and therefore this will be a more valuable change. second because these loans are so low interest rate, they will be on our books far larger. frankly, not many loans in the past have hit that limit. so even though it's $1 trillion portfolio, the value of that change is quite...
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Dec 6, 2012
12/12
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are we in a low interest rate environment today? and aren't we by virtue of what the fed has said, which is to say maintaining current policy at least through mid 2015, so three years or so, at least, isn't it very likely we're going stay in the low interest rate environment and shouldn't that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the actuarial review was done not today but at a point with economic projections that are primarily in july over the summer. and so it's accurate that interest rates have dropped further than were built into the primary actuarial view. there are two offsetting factors to that, though. one is that home prices have performed better than were used in the actuarial. and that, based on what we know today, even for this year the actuarial would be significantly better if it were performed today just on that one variable. and then the second point is that the act warblee review is a -- actuarial review is a point in time that assumes that we do no f
are we in a low interest rate environment today? and aren't we by virtue of what the fed has said, which is to say maintaining current policy at least through mid 2015, so three years or so, at least, isn't it very likely we're going stay in the low interest rate environment and shouldn't that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the actuarial review was done not today but at a point with economic projections that are...
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Dec 3, 2012
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the environmental community can see a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. -- to their fulfillment. i would like to call fred smith, the chairman and founder of fedex. he really needs no introduction. but the truth is fedex and what -- p. burns about 1.5000 gallons of fuel per day -- 1.5 billion gallons of fuel per day. oh, per year. [laughter] why would really be a problem. but the truth is that sex, what they have done in our economy is groundbreaking. they are the clipper ships of the modern age. what they see in terms of the economic growth of our country, because they touch every industry, as well as providing the transportation to making our economy grow, i think he is well-suited
the environmental community can see a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. -- to their...
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Dec 8, 2012
12/12
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >>> still ahead, the amazing story behind this incredible photo. if you look closely, that's me just to the north of mexico. wait. that's not right. ♪ lowers to cut drag. rises to every challenge. t
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. a new way to save on...
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Dec 10, 2012
12/12
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environments. there is so much to talk about. in an area we have been talking about on the skilled work force or how much there is a skill gap, i think this is a critical issue. i think that for us to have clear policies, we need to do a little better in clearly defining the challenge. first of all, i don't think there is any question that the main reason we are having higher unemployment right now is not structural. it is fundamentally cyclical, fundamentally the lack of demand that is still in our economy as we recover from the great recession. that said, that awareness, that recognition that ben bernanke and former cea sheriff lazar -- cea chair lazear should not undermine that we face temporary or futures skills gaps but there is three reasons we should be focused on this. number one, even the unemployment today that is fundamentally about cyclical demand can easily become the next structural skills problem of the future. we know that one of the challenges we face right now in our economy is not just lowering unemployment, bu
environments. there is so much to talk about. in an area we have been talking about on the skilled work force or how much there is a skill gap, i think this is a critical issue. i think that for us to have clear policies, we need to do a little better in clearly defining the challenge. first of all, i don't think there is any question that the main reason we are having higher unemployment right now is not structural. it is fundamentally cyclical, fundamentally the lack of demand that is still...
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Dec 5, 2012
12/12
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>> it feels like a different environment. i do not know, but right now we are in the middle of a political test of wills on marginal tax rates. nots interesting we're fighting on the underlying principle, which is that wealthy ought to pay more in order to help us close debts and deficits, get our economy back on track. right now the president thinks he won a point, was vindicated by his victory in the election, and republicans did not want to do that, but he has the good hand in this struggle. restoring the clinton tax rates is something i would support. we supported them back in 1991 when bill clinton was running for president. no problem on that. it is a reasonable adjustment, but may not be sufficient to reach the targets we need, and it does not help us in bipartisan bargaining, reaching a deal. i hope as this negotiation -- we ought to be at the irish times -- that they will not make a fetish of marginal tax rates if they should go up some, but do they need to go back where they were? i do not know. lots of ways to incr
>> it feels like a different environment. i do not know, but right now we are in the middle of a political test of wills on marginal tax rates. nots interesting we're fighting on the underlying principle, which is that wealthy ought to pay more in order to help us close debts and deficits, get our economy back on track. right now the president thinks he won a point, was vindicated by his victory in the election, and republicans did not want to do that, but he has the good hand in this...
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Dec 4, 2012
12/12
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the challenge now is less military, the security environment is improving. it's now -- how doout yao get local governance in? get economic development so people have opportunities? just over the past year, if we had sat in this conference room a year ago and said, hey in december of 2013, sew mallways going to have a president, a constitution, parliament, al-shabab won't be in control of widespread areas across the country, we would all say, you're crazy. that's not going to happen, but that's exactly what did happen because the africans decided that's what they wanted to have happen. one little personal anecdote in that regard. i was afforded the great privilege, i believe, of last autumn, autumn of 2012 in a meeting in nairobi with the military chiefs of uganda and other countries. they had been directed by their heads of state, you guys figure out the military strategy to get -- defeat al-shabab in mogadishu first and then more broadly across the country. and they did just that. as you might suspect, wild disagreement how to do that. lots of different ide
the challenge now is less military, the security environment is improving. it's now -- how doout yao get local governance in? get economic development so people have opportunities? just over the past year, if we had sat in this conference room a year ago and said, hey in december of 2013, sew mallways going to have a president, a constitution, parliament, al-shabab won't be in control of widespread areas across the country, we would all say, you're crazy. that's not going to happen, but that's...
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Dec 7, 2012
12/12
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are we in a low-interest rate environment today? maintaining current policy a least three years or so should that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the review was done not today but at a point with economic projections in july, over the summer. it is accurate that interest rates have dropped further than were built into the primary, actuarial view. there are two factors to that. home prices have performed better than were used in the actuarial. it would be significant lead better -- significantly better today just on that one variable. the second point is that the view is a point in time that assumes we do no further fha business. one of the things that is artificial about it is that, when interest rates go lower, it assumes piecer -- people pay off faster. that is accurate. what it does not take into account is half of those folks typically refinanced into a fha loan. by the nature of the actuarial, it takes a snapshot of time assuming you are closing down the fun
are we in a low-interest rate environment today? maintaining current policy a least three years or so should that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the review was done not today but at a point with economic projections in july, over the summer. it is accurate that interest rates have dropped further than were built into the primary, actuarial view. there are two factors to that. home prices have performed better than...
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Dec 5, 2012
12/12
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technology to both students and staff, has worked to develop 21st century learning skills in a classroom environment that fosters creativity, innovation and critical thinking. most importantly, ryan works tirelessly to help his students achieve success in the classroom. ryan devlin, thank you for your commitment to the teaching profession and congratulations. and i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek recognition? >> permission to address the house for one minute, mr. speaker, and revise and extend my remarks. the speaker pro tempore: without objection, the gentleman is recognized. >> mr. speaker, members, as announced earlier by congressman ralph hall, we lost a member of the texas legislature, congressman jack brooks, who proudly served his southeast texas district for 42 years after he was first elected in 1952. mr. green: ultimatelying as dean in this house of representatives and dean of our texas delegation. i knew jack brooks from his -- my days in the state legislature and he was one of my mentors when i fir
technology to both students and staff, has worked to develop 21st century learning skills in a classroom environment that fosters creativity, innovation and critical thinking. most importantly, ryan works tirelessly to help his students achieve success in the classroom. ryan devlin, thank you for your commitment to the teaching profession and congratulations. and i yield back. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek...
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Dec 8, 2012
12/12
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she is in this environment and has gone on to become a really big deal. we are happy to have you with us terry >> thank you. jean was some of the way for a meeting which may or may not be good news on the fiscal front. i am hoping this is a little less a vengeful than the last panel i moderated. last week i was at the kennedy school at harvard were they do the debrief every four years with a senior campaign officials and we discussed the campaign when the fire without -- and all the power went out. fortunate that rep schwartz is able to join us, representing a district in philadelphia
she is in this environment and has gone on to become a really big deal. we are happy to have you with us terry >> thank you. jean was some of the way for a meeting which may or may not be good news on the fiscal front. i am hoping this is a little less a vengeful than the last panel i moderated. last week i was at the kennedy school at harvard were they do the debrief every four years with a senior campaign officials and we discussed the campaign when the fire without -- and all the power...
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Dec 5, 2012
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that applies to life and the ability to work with others in a competitive environment is a huge life skill. competitive sports and the extraordinary game of american football. >> what do you want for christmas? >> at least an 8-8 record by the dolphins. i know i should aim higher. >> mrs. rubio, happy birthday. we appreciate you being here. thank you for being here and thankful to the bank of america. and thank you for coming out early. senator rubio for a fantastic conversation. [applause] captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> president obama addressed a group of corporate executives today in washington. he talked about negotiations with congressional republicans on deficit reduction and the so-called fiscal cliff. >> the holdup right now is that speaker boehner took a position -- i think the day after the campaign -- that said we're willing to bring in revenue, but we aren't willing to increase rates. and i just explained to you why we don't think that works. we're not trying to -- we're not insisting on r
that applies to life and the ability to work with others in a competitive environment is a huge life skill. competitive sports and the extraordinary game of american football. >> what do you want for christmas? >> at least an 8-8 record by the dolphins. i know i should aim higher. >> mrs. rubio, happy birthday. we appreciate you being here. thank you for being here and thankful to the bank of america. and thank you for coming out early. senator rubio for a fantastic...
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Dec 9, 2012
12/12
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it is a hostile environment. the pentagon estimates there could be as many as 75,000 troops that would be needed to do that. another option would be to preemptively bomb but then you have dispersal of the agents and so forth. a third would try to seek some sort of property to go in and secure the site. it is a very difficult set of issues as president obama has clearly noted in the clip and has drawn a clear line on the use by the assaad regime. host: here is where syria is located in the middle east. adjacent to 11 on, i rock, and turkey. this civil war has not been going on 21 months. how has he been able to retain power? -- they are adjacent to lebanon, iraq, and turkey. guest: there have been times in the past when a bomb attack killed four members of his inner circle and people thought it could be the beginning of the end of the regime. no one has any illusions about his ability to last over the long term, but he has shown that he will whether much of the storm and unfortunately it's very hard to say when it
it is a hostile environment. the pentagon estimates there could be as many as 75,000 troops that would be needed to do that. another option would be to preemptively bomb but then you have dispersal of the agents and so forth. a third would try to seek some sort of property to go in and secure the site. it is a very difficult set of issues as president obama has clearly noted in the clip and has drawn a clear line on the use by the assaad regime. host: here is where syria is located in the...
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Dec 7, 2012
12/12
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chewing the iranians in the united states, the ukrainians hands down are better able to operate in that environment and take whatever marginal advantage they can, not only with alawite and kurds, but everybody who remembers the experience in iraq with al qaeda. sunni jihad is as well, particularly vis-À-vis the united states or the surrogate the israelis. that is a real concern. it's one of the real tragedies of this entire affair sobol i think ambassador ford is absolutely correct by working very hard and diligently to bolster moderates, to help them both politically and materially to succeed and to win the day in syria and defeat the assad regime is absolutely the way to go and to have done that as quickly as possible. unfortunately despite ambassador ford's best efforts, my sense is that it's not really been the administration's policy, at least in practice over the last 20 months. therefore, we are perilously close. i must say i'm quite despairing that the window has almost closed in terms of an effect of u.s. ability to intervene in a meaningful way and have our interest in voice represented
chewing the iranians in the united states, the ukrainians hands down are better able to operate in that environment and take whatever marginal advantage they can, not only with alawite and kurds, but everybody who remembers the experience in iraq with al qaeda. sunni jihad is as well, particularly vis-À-vis the united states or the surrogate the israelis. that is a real concern. it's one of the real tragedies of this entire affair sobol i think ambassador ford is absolutely correct by working...
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Dec 5, 2012
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it is because they grew up in a -- an unstable home environment. they grew up in dangerous neighborhoods with no access to healthcare. they're often raised by heroic single parents and sometimes an elderly grandmother. they may not have a chance to participate in afterschool to these -- activities because their parents are working and cannot pick them up. every day some amazing parent or caretaker is of her, and all of it to give these kids a chance at a better life. the research on this topic consistently found that children raised in tough circumstances struggle in comparison than children raised in more stable family settings. they face a higher risk of poverty and failing schools. have lower scores on standardized tests, lower grades, and a much higher chance of dropping out of high school or failing to attend college. this societal breakdown is not something the government has solved, but it is something they cannot ignore. you cannot separate economic well-being of of your people from their social well-being. but the federal government -- wha
it is because they grew up in a -- an unstable home environment. they grew up in dangerous neighborhoods with no access to healthcare. they're often raised by heroic single parents and sometimes an elderly grandmother. they may not have a chance to participate in afterschool to these -- activities because their parents are working and cannot pick them up. every day some amazing parent or caretaker is of her, and all of it to give these kids a chance at a better life. the research on this topic...
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Dec 7, 2012
12/12
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concerning protection of the environment, other issues. on the renewable side, we're making a lot of progress in research and development. that is where a lot of the federal money that is going is involved. up 12%renoble's making of u.s. energy production today. -- renewal bills making up 12% of u.s. energy production today. -- reneweables making up 12% of u.s. energy production today. guest: your viewers are now saying if they're watching their screens, the contribution of renewals to electric power generation with quite a bit coming from wind, solar, and biomass. host: with wind having some of the largest gains in terms of its use? guest: right. the wind is utility scale activity. that growth there is being supported by things like the production tax credit, which expires at the end of this year. for solar, it is a combination of utilities collectivities. concentrated solar power, creation of steam, and roof panels. nick mentioned some of the time involved in this. there is two aspects. wind and solar are really dependent. intermittent.
concerning protection of the environment, other issues. on the renewable side, we're making a lot of progress in research and development. that is where a lot of the federal money that is going is involved. up 12%renoble's making of u.s. energy production today. -- renewal bills making up 12% of u.s. energy production today. -- reneweables making up 12% of u.s. energy production today. guest: your viewers are now saying if they're watching their screens, the contribution of renewals to electric...
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Dec 4, 2012
12/12
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>> the major place it fits is in the right policy, which would create an environment which would produce a lot more revenue, and that would help to reduce the debt. the federal government doesn't spend much money on energy. the energy research is about $6 billion a year, more or less. i'd like to see it doubled. i think if you're looking for something -- i mean, this report, i think, is a blueprint for independence. that doesn't mean we don't ever buy from people, this person or that person, but we're not in a position to be held hostage by anybody. it also focuses on finds more and use less, that's the magic formula. but i think what we can do in the federal government following up the last question with this one is, i think invest in research, for example, and getting a 500-mile battery for electric cars, getting solar energy that's one kilowatt installed and finding a way to capture carbon from coal plants that can be turned into fuel that's commercially sold. i mean, we should look at the model of unconventional gas, and i'm sure we will in this discussion, in terms of how our unusua
>> the major place it fits is in the right policy, which would create an environment which would produce a lot more revenue, and that would help to reduce the debt. the federal government doesn't spend much money on energy. the energy research is about $6 billion a year, more or less. i'd like to see it doubled. i think if you're looking for something -- i mean, this report, i think, is a blueprint for independence. that doesn't mean we don't ever buy from people, this person or that...
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Dec 2, 2012
12/12
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and science and history of nature and the environment. so carson seemed like kind of a wide subject. i thought about her number of years before he got around to working on this biography. i had two primary motivations in writing the book. one was that i felt that it was an unfortunate thing that carson had sort of fallen out of public awareness and a lot of people didn't know who rachel carson was. i said i'm thinking about writing a book about rachel carson and i would get a blank look. who is that? that just seemed wrong. i hope that maybe i could correct that. the other thing was that i have been curious for a long time about why, as i indicated before, why we should have this often ugly argument about environmental matters? why should republicans and democrats think differently? why should people on the right side of the political appeal understand the natural world in a way that is different from people on the left just didn't make sense to me so i wanted to know what the origins were of that, what gave shape to the argument we have
and science and history of nature and the environment. so carson seemed like kind of a wide subject. i thought about her number of years before he got around to working on this biography. i had two primary motivations in writing the book. one was that i felt that it was an unfortunate thing that carson had sort of fallen out of public awareness and a lot of people didn't know who rachel carson was. i said i'm thinking about writing a book about rachel carson and i would get a blank look. who is...
SFGTV2: San Francisco Government Television
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Dec 3, 2012
12/12
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narrator: los angeles county is beginning to develop ways to reduce the infrastructure's impact upon the environment. on the front lines of protecting the beaches, are the crews that clean out the stormwater system. man: this big vactor truck works on the same principle as your vacuum cleaner in your house, only this thing sucks up the whole house. some of the storm drains collect a lot of trash. i started cleaning drains in '93. they were horrible because they hadn't been maintained so much. now this is a priority. you have trash, animal waste, and it ends up on our beaches. that is a health risk. that is one of the main reasons why we have to close the beaches after heavy rain. narrator: but even when it's not raining, water still enters the stormwater system, carrying pollutants. here on the west coast, a lot of our storm drain systems are separate from the sanitary sewer system, so if you dump something in the storm drain, it goes right to the ocean untreated. alamillo: we haven't had a major rainstorm in the last year or so yet there's a lot of water in this creek here. i would say 20% of it is
narrator: los angeles county is beginning to develop ways to reduce the infrastructure's impact upon the environment. on the front lines of protecting the beaches, are the crews that clean out the stormwater system. man: this big vactor truck works on the same principle as your vacuum cleaner in your house, only this thing sucks up the whole house. some of the storm drains collect a lot of trash. i started cleaning drains in '93. they were horrible because they hadn't been maintained so much....
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pollution are being pumped into the atmosphere warming the planet and having disastrous effects on our environment is a startling statistic enough to make climate change deniers wise up to the perils of global warming. here is mitt romney trying to figure out the name of that thing that many americans call i don't know. i'm sorry i'm just a guy who cares an awful lot about what you. are you know what that is my hair so if you want to give us a feature here is a liberal the price point you. can usually go to but it's going to look for you to distract us from what you and i should care about because they're profit driven industry. that's. garbage he calls it breaking news i'm having martin and we're going to break that. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm sorry welcome to the big picture. in screw news more bad news or planet earth rather than decreasing the amount of carbon pollution in the atmosphere year to year we'
pollution are being pumped into the atmosphere warming the planet and having disastrous effects on our environment is a startling statistic enough to make climate change deniers wise up to the perils of global warming. here is mitt romney trying to figure out the name of that thing that many americans call i don't know. i'm sorry i'm just a guy who cares an awful lot about what you. are you know what that is my hair so if you want to give us a feature here is a liberal the price point you. can...
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pollution are being pumped into the atmosphere warming the planet and having disastrous effects on our environment is a startling statistic enough to make climate change deniers wise up to the perils of global warming. yes. there sure. was a matter you. know to the residents never profited from the. sea of coming all the signals you get there and you look up and there's one captain on you he's the alpha beta gamma he was all the the fun now to treat he's let me out there know what's going on so you can pinpoint. right now. become income mortal danger and a piece of art. director. pretty. in screw news more bad news for planet earth rather than decreasing the amount of carbon pollution in the atmosphere year to year were all increasing a new study released by the global carbon project consortium finds that carbon emissions around the world increased three percent from last year rising to three hundred eighty two billion tons of carbon roughly two point four million pounds of carbon pollution every single second according the study's author at the authors at this rate of pollution the earth's temper
pollution are being pumped into the atmosphere warming the planet and having disastrous effects on our environment is a startling statistic enough to make climate change deniers wise up to the perils of global warming. yes. there sure. was a matter you. know to the residents never profited from the. sea of coming all the signals you get there and you look up and there's one captain on you he's the alpha beta gamma he was all the the fun now to treat he's let me out there know what's going on so...
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Dec 6, 2012
12/12
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in that environment, commonplace is essential. it -- if you go through the last campaign, it is not that big of an area. compromise is required. give-and-take -- people have to accept some things they do not like as part of a larger agreement. i would say getting a comprehensive agreement now that resolve's many of these issues would at least reduce the constant threat of government shutdown. that is why this is so important going forward. >> i would remind everybody we have threats of government shut down in the past -- the famous showdown with newt gingrich and clinton. when you have divided government, you have clashes of major philosophical difference. the key is being able to have an element of compromise as part of that process. that is exactly the place we are in right now, trying to find that point. >> the best model for all of you who are working so hard on this may well be speilberg's movie about lincoln. lincoln made deals. you know what, he achieved great, great goals. it goes to the point you are making -- politicians
in that environment, commonplace is essential. it -- if you go through the last campaign, it is not that big of an area. compromise is required. give-and-take -- people have to accept some things they do not like as part of a larger agreement. i would say getting a comprehensive agreement now that resolve's many of these issues would at least reduce the constant threat of government shutdown. that is why this is so important going forward. >> i would remind everybody we have threats of...
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Dec 8, 2012
12/12
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the environmental community can see a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. i would like to call fred smith, the chairman and founder of fedex. he really needs no introduction. but the truth is fedex and what it is done in our economy is groundbreaking. they are the clipper ships of the modern age. what they see in terms of the economic growth of our country, because they touch every industry, as well as providing the transportation to making our economy grow, i think he is well-suited to discuss this issue. i thank him for being the co- chair since 2006 and joining with general kelley and myself to do this. thank you. >> thank you. i became involved in the council out of self-interest. b
the environmental community can see a reduction in the amount of carbon and an improvement in the environment as well as conservatives can see the idea of leaving it more resources at home and sending less of our wealth abroad. this is a way of doing something different, which is creating a consensus to get something done in the next congress. we are excited for the next congress and to work with all legislators to implement these recommendations and see them through to their felon. i would...
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Dec 9, 2012
12/12
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CSPAN2
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and i think the writer's institute has done a lot to, um, enhance that even on some level create the environment in which people can explore literature especially. i think that there aren't enough programs like this around the country. i wish there were more. the literary community in albany is quite rich, and we're in kind of feedback loop with it. i don't think such an operation as the writer's institute could have been created in the first place without there being not only a strong group of writers, find sort of an arc from down toward columbia county where a lot of new york city writers have weekend homes all the way up to saratoga and beyond. we have places like yado, the writer's colony there and writers' groups in hudson, new york, east and west into western massachusetts and west to syracuse. that's the audience sort of circumference that we work with. so when you go back and you find a general population quite proud of albany's connections to henry james and herman melville or even brett hart -- a story writer -- or just, you know, a little bit further east over to wave to emily dicken
and i think the writer's institute has done a lot to, um, enhance that even on some level create the environment in which people can explore literature especially. i think that there aren't enough programs like this around the country. i wish there were more. the literary community in albany is quite rich, and we're in kind of feedback loop with it. i don't think such an operation as the writer's institute could have been created in the first place without there being not only a strong group of...
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Dec 7, 2012
12/12
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he said he he has demonstrated when he stepped into government that he could work in a difficult environment, take good ideas like private health insurance and apply them to the need to have everyone insured. they came up with the idea an alternative and they made it the law in massachusetts and got democrats to embrace it. for a thinktank that is the dream. today both the foundation and the new president agree that the individual mandate is not just about policy, it is terrible no good constitutional policy. their idea. now horrible and only judged that way until they began endorsing it. flip-flopping to try and make health care reform. i don't want to call it his job, but it is not shocking. it is what you do. but it is not what you do if you are a thinkingtank. his ascension to the head of the foundation is both a perfect match and a disturbing one. they are where the politicians get their ideas and where the media figures look to get an informed take on whether something make sense or not. their leaders have had one foot in the public and policy world. arthur brooks was recuted from syra
he said he he has demonstrated when he stepped into government that he could work in a difficult environment, take good ideas like private health insurance and apply them to the need to have everyone insured. they came up with the idea an alternative and they made it the law in massachusetts and got democrats to embrace it. for a thinktank that is the dream. today both the foundation and the new president agree that the individual mandate is not just about policy, it is terrible no good...
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Dec 8, 2012
12/12
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especially in a plummeting gas price environment, we need these incentives in order to keep building the infrastructure. >> solar, i think, is undergoing a sort of remarkable decline in the costs of production, but it doesn't have nearly the share that wind does, right? is that where solar is at right now? >> let me put this in perspective. if you talk about the tax to convert satellite into electricity. the first commercial use was in 1994. at the time it was literally astronomical in costs. not for the space race with the soviets where we needed satellites in space and needed power for the satellites. nasa turned to solar cells as a sourt of power for the satellites. at the time they cost literally hundreds of dollars per watt. nasa didn't care, right? >> it's nasa. >> over the last decades the cost of solar cells has come down and down and down. the efficiency, the conversion efficiency has continued to go up and up and up, right? now you've got solar cells that are produced for under a dollar a watt. just in the last few years they came down a factor of three thanks to the chines
especially in a plummeting gas price environment, we need these incentives in order to keep building the infrastructure. >> solar, i think, is undergoing a sort of remarkable decline in the costs of production, but it doesn't have nearly the share that wind does, right? is that where solar is at right now? >> let me put this in perspective. if you talk about the tax to convert satellite into electricity. the first commercial use was in 1994. at the time it was literally astronomical...
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Dec 4, 2012
12/12
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CNBC
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so in light of this new environment, we want to see whether my anointed growth stocks hold up. are the fundamentals still okay? i went over amazon, google, mastercard, visa and sherwin williams. i don't like google as much. now five more names to review and reexamine. next up is ulta salon. they got hit in mid october when the chief financial officer announced his sudden resignation. we never like that when the cfo resigns. that could be a sign that something could be really wrong with the financials. given that this particular cfo had been there less than two months, it probably was the case of him being the wrong guy for the job. last thursday ulta went on to report a terrific quarter. and the stock shot up seven points in the news. management indicated they're seeing a strong start to the holiday shopping season. the real story with ulta, and the reason it's been such a fabulous stock -- is that the company is growing like a weed, expanding all over america. they have 537 locations, ultimately they plan to double that. next year alone the company intends to open 125 new stor
so in light of this new environment, we want to see whether my anointed growth stocks hold up. are the fundamentals still okay? i went over amazon, google, mastercard, visa and sherwin williams. i don't like google as much. now five more names to review and reexamine. next up is ulta salon. they got hit in mid october when the chief financial officer announced his sudden resignation. we never like that when the cfo resigns. that could be a sign that something could be really wrong with the...
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Dec 3, 2012
12/12
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CNBC
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we've seen how quickly facebook was able to adapt to the new mobile advertising environment, once google has seen that new rocketship, i see no reason why google should be any different. especially since google owns android. they need to figure out how to monetize it better. something the company is doing by releasing its own line of smartphones and tablets. google is sold out until after christmas. of the growth stocks, i got to admit i like google less than i did before the bad quarter if you're trying to figure out which of these stocks worries me the most, it's google, it's become a show-me situation. how about visa and master cad? both up decently since i recommended them in october. these are both plays in the worldwide switch from paper currency to plastic. visa and mastercard both reported strong quarters in october, they have healthy balance sheets. mastercard is winning new business all over the place. and visa announced a $1 billion buyback. even though visa has a new ceo, i'm a big fan of both stocks. i think they're both candidates to offer special dividends as the year unwi
we've seen how quickly facebook was able to adapt to the new mobile advertising environment, once google has seen that new rocketship, i see no reason why google should be any different. especially since google owns android. they need to figure out how to monetize it better. something the company is doing by releasing its own line of smartphones and tablets. google is sold out until after christmas. of the growth stocks, i got to admit i like google less than i did before the bad quarter if...
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Dec 8, 2012
12/12
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CNBC
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this bank could do really well in an environment of rising interest rates, but the fed has made it very clear that rates will stay low until at least 2015. so you know what? let's take a pass on that one. let's do some tweets. thank you, viewers, for making it so that i have more than 600,000 followers. thank you very much. happened just the other day. let's take our first tweet from @nfalex who says what's your take on -- it's the old part of kraft. the stock price has been trading down since the old spinoff. it drives me crazy when stephanie link and i buy for the charitable trust. the charitable trust follows stocks. you can follow along with actionalertsplus.com. and they don't immediately pop. this is the p.m. of philip morris when altria split. it's the fast-growing snacks business overseas, it's going to be great. now here's the problem. it acts terribly. so what you can say is therefore it's bad or you can do the homework like we did, recognize we've got a terrific restructuring, recognize it's going to have great growth, and you buy it and be a little patient. it is not going t
this bank could do really well in an environment of rising interest rates, but the fed has made it very clear that rates will stay low until at least 2015. so you know what? let's take a pass on that one. let's do some tweets. thank you, viewers, for making it so that i have more than 600,000 followers. thank you very much. happened just the other day. let's take our first tweet from @nfalex who says what's your take on -- it's the old part of kraft. the stock price has been trading down since...
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Dec 10, 2012
12/12
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was the party of teddy roosevelt who founded and set up our national park system and cared about the environment. those things are important to me. when the party start eed moving away from those thing and taking away the sunday before election to vote. there's a great tradition after church to go and vote in states that have early voting. it just seemed to me there was real suppression going on, it wasn't a tolerant party, it wasn't doing what was right for the environment or public education. i'm a public school kid. my dad was on the school board when i was a kid. i have three sisters, two have been public school teachers here in florida. i have a heart for that kind of thing, and it means an awful lot to me. people have told me for a long time, chris, charlie, you have really been a democrat, you just didn't know it. i mean, these are people that i went to college with and went to law school with. >> are you going to lead the charge -- >> so i'm bloglad to be here. >> are you going to lead the charge around the country for people who were republicans to become democrats. >> i think they shou
was the party of teddy roosevelt who founded and set up our national park system and cared about the environment. those things are important to me. when the party start eed moving away from those thing and taking away the sunday before election to vote. there's a great tradition after church to go and vote in states that have early voting. it just seemed to me there was real suppression going on, it wasn't a tolerant party, it wasn't doing what was right for the environment or public education....
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Dec 7, 2012
12/12
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that football and baseball and sports in general is one of the last bass bassians of politics-free environment. i'm a big football fan. i was cheering for alabama this weekend. we love rg in washington. but i don't really need to hear the politics in the football. obviously i'm a big, you know, second amendment person. i mean, i have am for gun rights. he doesn't -- he didn't know as much as he thought he knew i think before he went into his commentary. >> bill: i think i crystallized it with a brilliant analogy. >> of course. >> and that was when i said to costas look, you are in the theater, you are in aurora, colorado, and the guy comes in with a gun and he starts shooting it up. which would you rather have? would you be armed so you could shoot back at this guy or would you rather be on the floor hoping you don't get a bullet in the head? and he honestly said that he he would rather be -- and that's the difference. >> think about it. he also said something that he said well, i am against the sale of automatic weapons and military style artillery. well, that's already banned. okay. so, he i
that football and baseball and sports in general is one of the last bass bassians of politics-free environment. i'm a big football fan. i was cheering for alabama this weekend. we love rg in washington. but i don't really need to hear the politics in the football. obviously i'm a big, you know, second amendment person. i mean, i have am for gun rights. he doesn't -- he didn't know as much as he thought he knew i think before he went into his commentary. >> bill: i think i crystallized it...
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Dec 7, 2012
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medicare, 65%. 64% creating jobs, 64% improving public education, growing the economy, creating a business environment that allows for innovation. lowering the federal deficit actually false down to 40. not as much confidence there as a part on the other side. we been said the training faces a number of challenges including but not limited to large budget deficits, national debt, slower economic recovery, high unemployment, deep political divide on many issues. do you believe we will overcome these challenges in the foreseeable future as we've done in the past, or do you think these are unique set of challenges that are so serious that we might not be able to overcome those challenges? two-thirds of voters, 67%, say we will be able to do that. 31% have concerns about it. look at the bars across the bottom. the ones like younger voters, 18-29, confident we'll get there. african-american voters, 85%. hispanics 66. and those are the fundamentals of the democratic party, 85% of democrats saying it will improve. in which of the following closest to coming to think the president should take, short-term, lon
medicare, 65%. 64% creating jobs, 64% improving public education, growing the economy, creating a business environment that allows for innovation. lowering the federal deficit actually false down to 40. not as much confidence there as a part on the other side. we been said the training faces a number of challenges including but not limited to large budget deficits, national debt, slower economic recovery, high unemployment, deep political divide on many issues. do you believe we will overcome...
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Dec 10, 2012
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and so even in a post strike environment if iran wanted to reconstitute the nuclear program , is it true that it's still dependent on essential parts of the components from the west and do we have a problem with nuclear smuggling? >> without outside assistance, which is ongoing, iran would not have a large center pacific -- a centrifuge program now. it's dependent extensively on assistance from -- to times when that assistance was provided. they have been smuggling dual use goods that since the 1980. they talked about it when there were more open. and so very dependent, and they are active now. there was just a court case, some smugglers this was yesterday. .. in the sanctions legislation but imposition of the additional licensing requirements on the goods being sold to iran which in essence would serve as sanctions on iran but the point is that china needs to be pressured to stop the loophole in the system internationally that is being created to keep iran from the centrifuge program, and that effort overtime has had tremendous success, and with more and more sanctions it has been more
and so even in a post strike environment if iran wanted to reconstitute the nuclear program , is it true that it's still dependent on essential parts of the components from the west and do we have a problem with nuclear smuggling? >> without outside assistance, which is ongoing, iran would not have a large center pacific -- a centrifuge program now. it's dependent extensively on assistance from -- to times when that assistance was provided. they have been smuggling dual use goods that...
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Dec 8, 2012
12/12
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they are concerned about how that creates an economic environment that puts them at risk. they immediately move -- if that is table stakes in such terms of taking care of the basis of issues -- in a move to things that have much more meaning to them that focus around jobs, wage growth, getting more disposable income into their household. you see on one level at the abstract level, debt, deficits, fiscal cliff, and then a transition into the to-do list, which is where they would like to see effort. finally, with all of this battering that people have taken during this last few years of difficult economy, we gave voters -- will go to this question in detail -- which gave them a choice, short-term, pragmatic solutions to fix the problem or long-term visionary policies that will put us on the right track interestingly enough, people are thinker -- people are thinking longer term. it is different for different groups, but generally speaking, people are looking for a longer horizon. quickly, the mood of the country, you see the red track, the wrong track. you see it is still 50%
they are concerned about how that creates an economic environment that puts them at risk. they immediately move -- if that is table stakes in such terms of taking care of the basis of issues -- in a move to things that have much more meaning to them that focus around jobs, wage growth, getting more disposable income into their household. you see on one level at the abstract level, debt, deficits, fiscal cliff, and then a transition into the to-do list, which is where they would like to see...
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Dec 10, 2012
12/12
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CNN
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. >> you deal with making the environment cleaner and better from a government's he perspective. how do you attract businesses and money and private investment into climate change and protecting the environment? >> well, i think they need certainty. what i hear from businesses is -- i've been doing this almost 23 years. we need certainty. we want to invest or money, but we want to know the rules aren't going to change. if carbon pollution is a bad thing, which we know we need to control it, that i'm not going to be disadvantaged because i'm clean. in fact, it would be great if i'm advantaged, but don't put me on a playing field that makes it harder for me to compete. i think what we have to do, we find businesses all over the country cutting their energy use, cutting their water use, increasing their profits by doing it. we have to lift them up, because they can show the way for other businesses that might be too small or too busy to realize the opportunities are there. >> what's your plan for the second term? are you sticking around? >> you know what? what i can say is i'm very
. >> you deal with making the environment cleaner and better from a government's he perspective. how do you attract businesses and money and private investment into climate change and protecting the environment? >> well, i think they need certainty. what i hear from businesses is -- i've been doing this almost 23 years. we need certainty. we want to invest or money, but we want to know the rules aren't going to change. if carbon pollution is a bad thing, which we know we need to...
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Dec 7, 2012
12/12
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are we in a low interest rate environment today? maintaining current policy a least three years or so should that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the review was done not today but at a point with economic projections in july, over the summer. it is accurate that interest rates have dropped further than were built into the primary, actuarial view. there are two factors to that. home prices have performed better than were used in the actuarial. it would be significantly better today just on that one variable. the second point is that the view is a point in time that assumes we do no further fha business. one of the things that is artificial about it is that, when interest rates go lower, it assumes people pay off faster. that's accurate. typically path of that refinanced into -- half refinanced into fha. assume your clothes and down the fund, there are revenues that will come in not built and. budget, weident's will include the lower interest rates you described. w
are we in a low interest rate environment today? maintaining current policy a least three years or so should that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the review was done not today but at a point with economic projections in july, over the summer. it is accurate that interest rates have dropped further than were built into the primary, actuarial view. there are two factors to that. home prices have performed better than...
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Dec 6, 2012
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it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management so we created the extraordinarily comfortable sleep number experience. around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. this holiday season, give the gift that's magical: the innovative airfit adjustable pillow at special 30% savings. >> greta: get on your feet. that's exactly what one former senator is doing to avoid the fiscal cliff. in a new web video, senator alan simpson dancing gangnam style to get his debt reduction message out to young people. >> stop instagramming your breakfast and tweeting your problems and getting on youtube so you can se
it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management so we created the extraordinarily comfortable sleep number experience. around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep...